New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-03-21
THE PETROLEUM MARKET

NEWS FROM THE FIELD AND RANGE OF PRICES.
No interested Oh Is be tod thar tho
Of last week which dwared all other facts affect
the 60 nmer'tl pison was the harmonious agreement
bel rcprc,cing tho llrger part of the
put and the man, e. OF the National Transit Company.
has L. IA III tho rites Of storage TO be
made " H. together with other Important con-
cess r The enelto the pr1Iu;lng interest The new
rate Is - oeIls loo barrels. reduction
Is cet. 37a per The mag
ct tbs reduction best BE- appreciated by revert
ing the dues lou th OF carrying oil touched
atiriws fTiHSE. Fibre are many brokers WIN lend
the III they % III customers entr.y on the moor OF
The Etr' sc lnd o cr,e ,ase ier r'rEss a1a"rinf 70
Te -ul IL thlt an airline increase gwen to tic actual
and cent, pc l. barrels dav the brokers who
lar 'y ~, ~ 70" w. o or ,o - AMI o a. an
artce q" speculation 1uher- condemnation II do"S not wholly
deserve. Ne presume there will always 10 operators
who VIII lie ehr"n'caiy short or disposed ~, 70
tue important remains that tier income" h,s
ben cat ioy ant the ~ ten mo lI coasieADy nst
Tr nrst h"u's in @ street carry their certificates bank
cats pi loo barrels Tho $3.50 tne interest on
winch al The too Ger cent per annnn n ~ cents ay
the 900 rros Alta to That ihe 'loagc y, ceat.-a1
oe 30 N.Y." r y y i n sT n,ci AMI - cems siora%e
computed At pr cent mum the eo' lnisr % cent,
81 Is cents. ani even at per cent only - 70
cents per harri yol fhe arse Will relnce this To
cent, per barrel Al ns int at per cent t. stoase on
the mi h- ~ l3 crnts per barrel I'M
IcN 81 b. little lers tan Is cents per bar
rel va. Nor- o., oil hcli lur car In BANK
al would cost 70 cents. AMI the commodity
10 sell NJ - AZ some time III te
1886. hr sOi at j1a cents also sold al VA
mere was but one op.uion expressed by the oil pro-
ducsr4 conference AS To ms ultl-
mate likely To be caused by the re Tue
VIII cn"Oura-c tho disposition
OF their oil Tor Letter ufics am reduce ho
be of thc cost storage But the pro-
% ,nd rgis Hair sburg on storage. plDcagc olcg
IA kca siTculi lou ana tttle inc itihHib
important points ina III
not % recuc III Legs atur- the coucrs>ions made ar
portaut which at hfH advocate the hl IL the
me ,uru bsco II VIII not rob the trade oi the ,nn.
before MAY 10 nut . VIII be
Irtn-t people until
confs ami sDnroVcry VIII 10
the There are i"ps ~ dccatllg
th- thiii rcAng IN ho lltrisbuts llOu>3
II not j. Ako.y Ia Kill IL al ihe
worst a 3uIernattuu VETO may sne H. The pfepOnd"FN
iug -ntm tn OIL e u reelected ia these remrrks
tiH Dfrre one ~ thc most lhnuenta Journals
u ). r-i-rn irnn,y wanna -.
uoOcry ont OF the way We nj sht
dollar rothing In Ia hcld Ia @ccp the market
thr OF yesterday there isrNctythg 10
,rratn gen o,ita,hOncd DoJm Tue Bi1in sry Di Is
wet blanket l..
I'm lie lrtr,~u country thcrr mporttnt hell de-
y.l,pm.it, ~ Tho ypc line rams stu f Ochuu me
.ipurut aver gc To Mar 'SojJ Odrf.l,
az .st a February al 90 tjS RE anl n
,nu.r, ~ barrels The deliveries average l23 oar
rr. alain February, ani 1888 barrels III
Jnuary Tcsarns fOn March 10 - tchAets
~ the I-lhl incu-ivei 10000.